President Bola Ahmed Tinubu on Thursday received a delegation from Shell led by the company's Chief Executive Officer, Mr. Wael Sawan, at the State House in Abuja.
The meeting comes amid ongoing efforts by the Nigerian government to attract greater foreign investment into the country's oil and gas sector, particularly as President Tinubu's administration pushes reforms to boost crude production, enhance local refining, and address longstanding operational and regulatory challenges.
Shell, one of the major international oil companies (IOCs) operating in Nigeria through its subsidiary Shell Petroleum Development Company (SPDC), has been a key player in the nation's upstream activities for decades.
Discussions likely focused on potential new investments, divestment processes, gas development projects, and collaboration with the Nigerian National Petroleum Company Limited (NNPC) to increase output and energy security.
This engagement follows previous high-level interactions between the Tinubu administration and Shell executives, including earlier meetings aimed at removing investment barriers and encouraging commitments in exploration, production, and infrastructure.
No official details on specific outcomes or announcements from Thursday's session have been released yet, but the visit underscores the priority placed on strengthening partnerships with global energy firms to support Nigeria's economic diversification and energy transition goals.
The presidency has consistently emphasized creating a more investor-friendly environment through policy reforms, fiscal incentives, and security improvements in the Niger Delta region.
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